WIDE VIEW OF NIFTY50
NIFTY HAS BEEN FOLLWOING AN UPTREND SINCE MARCH-2009 with Lows touching the trendline on Feb'2016 and Oct'2018. Interestingly a Round Top is formed since Oct' 2017 with a flat bottom @ 9967 and the highest TOP @ 12040. If Nifty has to continue Upward then it has to break its latest highest top with a heavy margin else the doubt continues.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.